|Day Low/High||144.41 / 145.73|
|52 Wk Low/High||102.00 / 153.66|
When it comes to COST, traders can always - since the pandemic began - let the 50 day SMA be their guide.
Investors should be pleased that the company is taking its time with Walmart +.
The great news about the pent-up demand rally? While these stocks have been creeping up they are now going to explode higher.
* The S&P is about 20% overvalued * I am medium-sized (about -25%) net short * And I have a lot of room to get shorter on further strength I have been net long for the majority of 2020. No longer. I have steadily reduced large holdings in a number...
We are in the midst of another run on guns and ammo, fueled in part by Americans continuing to arm themselves in a time of uncertainty.
* Google joins an expanding list of long holdings that have gone from large-sized to small-sized On Friday I reduced my Alphabet holdings from large-sized to medium-sized: Nov 27, 2020 ' 10:40 AM EST DOUG KASS Reducing Long Exposure Through Individ...
Traders should watch the retail giant more closely based on its charts.
Remember, if you understand markets, this has been more a broadening of the bull market, not a rotation.
I think that it's pretty telling that Amazon is up and United Parcel and FedEx are down.
* I do love pizza * But the dual concerns of pulling forward sales and some evidence of disappointing sales, relative to high expectations, has reduced my upside price target for Papa John's . In keeping with my paring down of some long term invest...
There are a number of pros for being long either UPS or FDX.
*The "Biden Bump" has taken stocks higher in the fourth quarter * Many stocks have moved from undervalued to fairly or overvalued * Market participants are now again complacent, greed has replaced fear and markets are now vulnerable to a bitcoin-lik...
China's second-largest e-commerce operator is spinning off its online pharmacy and health clinic JD Health in a $3.4 billion IPO.
The panic selling beating banks took made sense in March. Here's what didn't make sense.
In addition to seeing blistering growth, the U.S. restaurant-delivery leader has been cash-flow positive this year. That makes for quite the contrast with Uber's delivery unit.
All in all stick with the tipping pointers, they are the drivers of this and the next leg higher.
Equity markets have run wild since Oct. 30, and it is the more economically sensitive indices that have really taken flight.
Let's check and see how flexible the charts look.
Walmart has regained some of its recent losses today, rising by +$2.72 to $151.81. I have reduced my medium-sized WMT position to small-sized just now. As mentioned recently, I had a very large long position going into the quarterly report a few day...
This is a defining, almost puritanical moment for our country. When things open up, will we go back to our old ways?
Each day you hear analysts talk about headwinds and tailwinds until your head spins -- so let's try to put together a forecast.
Bitcoin and other 'secondary' names move, while big retailers sell.
The good news is that there's some dip buying support and several 'hot pockets' of strong speculative action.
I'm long HD. Despite today's drop, I do not yet see this as a buying opportunity.
I continue to reduce Walmart in the pre-market gap higher. From the Walmart EPS release, more analysis later: Quarterly Highlights Launched Walmart +, a new membership offering with the initial list of benefits of unlimited free delivery, Scan & Go...
Chasing strength can help rack up big gains, but if you are caught in a reversal the pullbacks can come fast and hard.
Consistent with my comments yesterday, I am making more sales of Walmart above $155 after the expected EPS and sales beats announced earlier.
They called it rotation. I'm still not completely convinced. Don't you normally have to sell something to rotate?
There's battle lines being drawn Nobody's right if everybody's wrong Young people speaking their minds Getting so much resistance from behind It's time we stop Hey, what's that sound? Everybody look, what's going down? - Buffalo Springfield, For Wha...